39-06 108th St - Apartments FOR SALE


Corona, NY 11368- North Corona
$35,000,000 USD
917-577-7400
39-06 108th St, Corona, NY for Sale
$35,000,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

39-06 108th St
Corona, NY 11368
North Corona


OVERVIEW

Mixed-Use Rental Building | Prime Corona Location Investment Opportunity – Income-Producing Mixed-Use Property This well-maintained mixed-use rental building is located in the heart of Corona, Queens, a densely populated and transit-accessible neighborhood with strong residential and commercial demand. Total Units: 24(15 Residential Units)9 Commercial Units (including separate garage space) Lot Size: 7,500 SF Lot Dimensions: 75 ft x 100 ft Building Size: Approx. 25,345 SF Building Dimensions: 60 ft x 75 ft Located in a high-density residential area with steady rental demand and active local businesses. Close proximity to major roadways, public transportation, and neighborhood retail corridors. Opportunity to increase NOI through rent adjustments, lease restructuring, or operational efficiencies.

FOR SALE DETAILS

PRICE

$35,000,000 USD

PRICE/SF

$1,234 USD /SF

# OF UNITS

24

PRICE/UNIT

$1,458,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R6B,C1-2

APN/PARCEL ID

01776-1001

ASK ABOUT THIS PROPERTY

Hsin Yuan(Shirly YangE Realty International CorpMore Info
917-577-7400

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Hsin Yuan(Shirly YangE Realty International CorpMore Info
917-577-7400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.